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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 64,541 $ 45,160
Adjustments to reconcile net income to cash provided by operating activities:    
Depreciation 96,006 90,680
Net amortization of debt discounts, premiums and deferred financing fees 913 1,751
Straight line rental income (19,798) (17,991)
Amortization of acquired real estate leases 33,060 29,422
Other amortization 9,806 9,815
Loss on asset impairment 8,535  
Loss on early extinguishment of debt 60,027 1,675
Equity in earnings of investees (4,421) (5,787)
Gain on sale of equity investment (66,293)  
Distributions of earnings from investees 4,111 5,592
Gain on sale of properties (4,955) (350)
Change in assets and liabilities:    
Restricted cash 966 (4,339)
Rents receivable and other assets (22,449) (17,943)
Accounts payable and accrued expenses (15,737) 2,429
Rent collected in advance (7,730) (5,493)
Security deposits 122 713
Due to related persons (3) 3,369
Cash provided by operating activities 136,701 138,703
CASH FLOWS FROM INVESTING ACTIVITIES:    
Real estate acquisitions (165,110) (253,710)
Real estate improvements (53,908) (50,636)
Principal payments received from direct financing lease 3,444 3,283
Proceeds from sale of properties, net 33,863 338
Proceeds from sale of equity investment, net 239,576  
Distributions in excess of earnings from investees 168 2,766
Investment in Affiliates Insurance Company   (5,335)
Increase in restricted cash (2,349) (2,121)
Cash provided by (used in) investing activities 55,684 (305,415)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from issuance of common shares, net 626,809 180,814
Repurchase and retirement of outstanding debt securities (728,021)  
Proceeds from borrowings 936,000 444,500
Payments on borrowings (962,207) (395,250)
Deferred financing fees (1,200) (6,049)
Distributions to common shareholders (50,527) (83,722)
Distributions to preferred shareholders (22,302) (27,466)
Distributions to noncontrolling interest in consolidated subsidiary (14,863)  
Cash (used in) provided by financing activities (216,311) 112,827
Effect of exchange rate changes on cash (773) (73)
Decrease in cash and cash equivalents (24,699) (53,958)
Cash and cash equivalents at beginning of period 102,219 192,763
Cash and cash equivalents at end of period 77,520 138,805
SUPPLEMENTAL CASH FLOW INFORMATION:    
Interest paid 109,108 99,227
Taxes paid 1,134 536
NON-CASH INVESTING ACTIVITIES:    
Real estate acquisitions   (176,884)
Investment in real estate mortgages receivable (7,688) (1,419)
NON-CASH FINANCING ACTIVITIES:    
Issuance of common shares 244 187
Assumption of mortgage notes payable   $ 176,884